Documents to be submitted along with withdrawal application

The nature and type of documents required depends on the nature and cause of withdrawal being sought.The following are the complete details of the documents that are required for various types of permissible exits under NPS.

NPS Subscribers above 60 Years & other than Govt EmployeesDocuments to be submitted in case of: upon attaining the age of Normal superannuation (for govt. employees only) or upon attaining the age of 60 years (for all subscribers other than govt. employees) apart from the completely filled and signed application form for withdrawal of benefits.

PRAN card in original. If, PRAN card is not available, the subscriber needs to submit a duly notarized Affidavit as to the reasons of non-submission of the PRAN card.

Proof of Date of birth or Age evidence of the subscriber for purchase of annuity (Ex: Matriculation certificate or another educational qualification certificate clearly showing the date of birth )

Proof of Identity and Address to confirm with AML guidelines of the government.

NPS Subscribers before attaining 60 Years & Other than Govt Employees Documents to be submitted in case of: before attaining the age of Normal superannuation (for govt. employees only) or before attaining the age of 60 years (for all subscribers other than govt. employees apart from the completely filled and signed application form for withdrawal of benefits.

PRAN card in original. In case PRAN card is not available, the subscriber needs to submit a duly notarized Affidavit as to the reasons of non-submission of the PRAN card.

Proof of Date of birth or Age evidence of the subscriber for purchase of annuity (Ex: Matriculation certificate or another educational qualification certificate clearly showing the date of birth )

Proof of Identity and Address to confirm with AML guidelines of the government.

Documents required in case of Upon the Death of SubscribersDocuments to be submitted in case of: Upon the death of the subscriber (irrespective of cause) apart from the completely filled and signed application form for withdrawal of benefits.

PRAN card in original. In case PRAN card is not available, the subscriber needs to submit a duly notarized Affidavit as to the reasons of non-submission of the PRAN card.

Death certificate in original of the deceased subscriber. In case of NPS-Swavalamban account holders, a certified copy of the death certificate duly attested by the Aggregator/ POP (with the Aggregator/ POP having seen the original of death certificate and returning the same to the nominee/legal heirs) is also acceptable.

Legal heir certificate or Succession Certificate issued by a competent court of appropriate jurisdiction where there is no subsisting nomination is available.

Proof of Identity and Address of the claimants to confirm with AML guidelines of the government.

Withdrawal Application Forms for NPS (National Pension Scheme)-CPS

For submission of a claim for withdrawal under National Pension System, the subscribers need to submit their claim in the prescribed application only. The withdrawal application forms will be available for download from CRA & PFRDA websites. The forms can also be collected from the PAO/DTO/DDO/ POP/ POP-SP/AGGREGATOR. There are 3 sets of applications that are available and applicable to different sectors. They are For Government sector

(Central, State, Central and State autonomous bodies etc): The following forms needs to be submitted along with the documents listed thereof in the application. .

Form 101 – GS: Withdrawal Form for Claim of Accumulated Pension Wealth on Superannuation for Government Employees

Form 102 – GP: Withdrawal Form for Claim of Accumulated Pension Wealth on exiting before the age of normal superannuation for Government Employees

Form 103 – GD: Withdrawal of Accumulated Pension Wealth by Claimant due to the death of the subscriber

For subscribers covered under all citizen model including corporate account subscribers:

The following forms needs to be submitted along with the documents listed thereof in the application

Form 301 – AS: Withdrawal Form for Claim of Accumulated Pension Wealth by subscriber on attaining 60 years of age

From 302 – AP: Withdrawal Form for Claim of Accumulated Pension Wealth by Subscriber before attaining 60 years of age

Form 303 – AD: Withdrawal of Accumulated Pension Wealth by Claimant due to the death of the subscriber

For subscribers falling under Swavalamban scheme(irrespective of whether sourced/routed through a POP or an Aggregator:

All those NPS accounts which have been classified as “Swavalamban” accounts by CRA basing on the declaration provided by the subscriber would be deemed to fall under this category. Apart from these, all those accounts which have been opened under the NPS-Lite architecture would fall under this category.

Form – 501 SS: Withdrawal Form for Claim of Accumulated Pension Wealth by Subscriber on attaining 60 years of age

Form – 502 SP: Withdrawal Form for Claim of Accumulated Pension Wealth by Subscriber before attaining 60 years of age

Form – 503 SD: Withdrawal of Accumulated Pension Wealth by Claimant due to the death of the subscriber

Applicable to all the above sectors (A, B, and C): If the subscriber wishes to appoint multiple nominees, Form 401 – AN needs to be used

9 comments:

a government employ expired on medical grounds. his son appointed on compassionate grounds. then he was died after 3 years. Is there is provision to appoint on compossionate appointment to the family members.

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